Wednesday, 31 January 2018

Te Connectivity (TEL) Market Valuation Declined While Cooke & Bieler LP Trimmed Its Holding by $785,180; Park Circle Co Position in General Electric Co (GE) Lifted by $1.16 Million as Stock Declined

Peter S. Park increased its stake in General Electric Co (GE) by 16.41% based on its latest 2017Q3 regulatory filing with the SEC. Park Circle Co bought 48,500 shares as the company’s stock declined 7.64% while stock markets rallied. The hedge fund run by Peter S. Park held 344,050 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $8.32 million, up from 295,550 at the end of the previous reported quarter. Park Circle Co who had been investing in General Electric Co for a number of months, seems to be bullish on the $138.32B market cap company. The stock decreased 2.03% or $0.33 during the last trading session, reaching $15.95. About 68.25M shares traded. General Electric Company (NYSE:GE) has declined 4.46% since January 31, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Cooke & Bieler Lp decreased its stake in Te Connectivity (TEL) by 1.7% based on its latest 2017Q3 regulatory filing with the SEC. Cooke & Bieler Lp sold 9,460 shares as the company’s stock declined 0.72% while stock markets rallied. The institutional investor held 546,833 shares of the electronic components company at the end of 2017Q3, valued at $45.42 million, down from 556,293 at the end of the previous reported quarter. Cooke & Bieler Lp who had been investing in Te Connectivity for a number of months, seems to be less bullish one the $35.94 billion market cap company. The stock decreased 1.49% or $1.55 during the last trading session, reaching $102.33. About 1.94M shares traded or 12.89% up from the average. TE Connectivity Ltd. (NYSE:TEL) has risen 29.30% since January 31, 2017 and is uptrending. It has outperformed by 12.60% the S&P500.

Park Circle Co, which manages about $174.41 million US Long portfolio, decreased its stake in Visa Inc (Call) by 200,000 shares to 50,000 shares, valued at $5.26 million in 2017Q3, according to the filing.

Among 28 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 5 Sell and 14 Hold. Therefore 32% are positive. General Electric Company had 88 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, June 12 by Oppenheimer. On Tuesday, October 24 the stock rating was downgraded by Stifel Nicolaus to “Hold”. The stock has “Buy” rating by Credit Suisse on Wednesday, April 12. On Thursday, May 12 the stock rating was initiated by JP Morgan with “Underweight”. The stock of General Electric Company (NYSE:GE) has “Sell” rating given on Monday, October 30 by Deutsche Bank. The firm has “Buy” rating given on Monday, October 19 by Stifel Nicolaus. Morgan Stanley maintained General Electric Company (NYSE:GE) rating on Monday, October 2. Morgan Stanley has “Equal-Weight” rating and $25 target. Deutsche Bank maintained the stock with “Sell” rating in Tuesday, November 21 report. The firm has “Hold” rating by Oppenheimer given on Monday, July 17. The firm has “Sell” rating by Deutsche Bank given on Friday, May 12.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. It dived, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. Eastern State Bank stated it has 845,453 shares or 1.45% of all its holdings. Fulton Breakefield Broenniman Limited Liability stated it has 1.5% in General Electric Company (NYSE:GE). 139,369 were reported by Bridges Mgmt. First Western Cap Mgmt Company owns 0.21% invested in General Electric Company (NYSE:GE) for 15,114 shares. Family holds 0.37% or 22,025 shares in its portfolio. Westfield Cap Management LP holds 0% or 10,538 shares in its portfolio. Schwartz Invest Counsel Inc invested in 0.02% or 14,300 shares. New York-based Ibm Retirement Fund has invested 1.05% in General Electric Company (NYSE:GE). Bp Public Ltd holds 606,000 shares or 0.52% of its portfolio. Schaper Benz And Wise Investment Counsel Wi invested in 257,754 shares. Putnam Ltd Liability holds 3.58 million shares or 0.2% of its portfolio. Old Second Comml Bank Of Aurora invested 1.27% of its portfolio in General Electric Company (NYSE:GE). Fincl Architects has invested 0.61% in General Electric Company (NYSE:GE). The Kentucky-based Cullinan has invested 0.84% in General Electric Company (NYSE:GE). Green Square Capital Limited Liability Com stated it has 26,726 shares or 0.12% of all its holdings.

Since August 8, 2017, it had 2 buys, and 1 sale for $4.48 million activity. Comstock Elizabeth J sold $633,375 worth of General Electric Company (NYSE:GE) on Wednesday, August 9. Flannery John Leonard had bought 103,983 shares worth $2.66 million on Tuesday, August 8.

Among 12 analysts covering TE Connectivity (NYSE:TEL), 9 have Buy rating, 1 Sell and 2 Hold. Therefore 75% are positive. TE Connectivity had 44 analyst reports since July 23, 2015 according to SRatingsIntel. Morgan Stanley maintained the stock with “Overweight” rating in Thursday, November 2 report. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, September 7. The company was maintained on Wednesday, January 24 by Robert W. Baird. RBC Capital Markets maintained the shares of TEL in report on Thursday, October 29 with “Outperform” rating. The stock has “Outperform” rating by RBC Capital Markets on Friday, January 15. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, August 1 report. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, July 1. The stock of TE Connectivity Ltd. (NYSE:TEL) has “Buy” rating given on Thursday, January 18 by Stifel Nicolaus. On Wednesday, August 9 the stock rating was maintained by Cowen & Co with “Buy”. The firm earned “Buy” rating on Thursday, November 2 by Citigroup.

Investors sentiment increased to 1 in Q3 2017. Its up 0.03, from 0.97 in 2017Q2. It is positive, as 26 investors sold TEL shares while 200 reduced holdings. 61 funds opened positions while 164 raised stakes. 311.89 million shares or 0.86% more from 309.23 million shares in 2017Q2 were reported. California-based Huber Capital Ltd Liability Company has invested 0.33% in TE Connectivity Ltd. (NYSE:TEL). Dana Inv Incorporated invested in 89,294 shares. Oregon Public Employees Retirement Fund stated it has 0.12% of its portfolio in TE Connectivity Ltd. (NYSE:TEL). State Of Wisconsin Inv Board holds 325,656 shares. Meiji Yasuda Life Insur has 15,886 shares. Northcoast Asset Ltd Liability Corporation has 1.66% invested in TE Connectivity Ltd. (NYSE:TEL) for 170,267 shares. Appleton Ptnrs Ma has invested 0.3% in TE Connectivity Ltd. (NYSE:TEL). 50 are held by Highlander Mngmt Limited Liability. Tocqueville Asset Mngmt LP has 0% invested in TE Connectivity Ltd. (NYSE:TEL). Walter And Keenan Finance Consulting Mi Adv reported 0.19% stake. Grantham Mayo Van Otterloo & Communication Lc stated it has 183,600 shares or 0.09% of all its holdings. California-based Lpl Lc has invested 0.01% in TE Connectivity Ltd. (NYSE:TEL). Moreover, Pub Employees Retirement Association Of Colorado has 0.03% invested in TE Connectivity Ltd. (NYSE:TEL) for 50,332 shares. California-based Shelton Cap Mngmt has invested 0.49% in TE Connectivity Ltd. (NYSE:TEL). Chevy Chase Trust accumulated 0.12% or 309,900 shares.

Cooke & Bieler Lp, which manages about $4.81B and $5.38 billion US Long portfolio, upped its stake in Whirlpool Corp. (NYSE:WHR) by 131,844 shares to 720,310 shares, valued at $132.85 million in 2017Q3, according to the filing. It also increased its holding in Penske Auto Group (NYSE:PAG) by 26,010 shares in the quarter, for a total of 357,916 shares, and has risen its stake in Brinker International (NYSE:EAT).

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